https://www.taxtmi.com/caselaws?id=464019 ITAT NAGPUR - AT held that additions in assessments framed u/s 153A for A.Y. 2014-15, 2015-16 and 2016-17 based on a third-party pre-search statement were invalid because no incriminating material was found at the assessee's premises and mandatory procedure u/s 153C was not followed; those additions are deleted. Addition of unsecured loan (and interest) for A.Y. 2014-15 deleted as squared-up/old balance. Approval u/s 153D was held vitiated for lack of due application of mind, rendering assessments for A.Y. 2014-15 to 2020-21 void. Extrapolated additions relating to coal service/coal-dust for A.Y. 2018-19 were unsustainable and deleted. en-us Thu, 26 Dec 2024 00:00:00 +0530 Fri, 26 Sep 2025 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464019 ITAT NAGPUR - AT held that additions in assessments framed u/s 153A for A.Y. 2014-15, 2015-16 and 2016-17 based on a third-party pre-search statement were invalid because no incriminating material was found at the assessee's premises and mandatory procedure u/s 153C was not followed; those additions are deleted. Addition of unsecured loan (and interest) for A.Y. 2014-15 deleted as squared-up/old balance. Approval u/s 153D was held vitiated for lack of due application of mind, rendering assessments for A.Y. 2014-15 to 2020-21 void. Extrapolated additions relating to coal service/coal-dust for A.Y. 2018-19 were unsustainable and deleted. Case-Laws Income Tax Thu, 26 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464019